Electric Ice Auger Market Size, Share, Growth, And Industry Analysis By Type (40 Volts, 80 Volts, 120 Volts) By Sales Channel (Online Store and Offline Store) Latest Trends, Driving Factors, Market Overview, Regional Insights, and Forecast From 2023 To 2031

Updated On: 13 November 2023

Electric Ice Auger Market Report Overview

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The global electric ice auger market size is expanded rapidly in 2022 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2022 to 2031.

To drill holes into the earth, soil, or even concrete surfaces or materials, a tool known as an auger is utilised. The metal shaft that spirals around the blade at the end of earth augers is referred to as "flighting." To scrape, syphon, or chop out drilling materials, the flighting revolves. In between the rotations of the blade, debris from the drilled materials (soil, dirt, or ice) travels with the flighting and exits the hole. Several sorts of augers, such as power earth drills, ice augers, grain augers, and others, can be used to identify them. Gas and electric motors that are mounted in front or back of the vehicle or that are operated manually power earth augers (by hand).

Equipment containing Li-ion batteries is being adopted by the governments of several towns and municipalities. The EU established the Green Deal plan in 2019 to address the problems of climate change and environmental deterioration. Such measures are anticipated to support technical advancements and renewable energy, providing the battery-powered earth auger market's participants with significant potential prospects.

COVID-19 Impact: COVID 19 Halts Production In An Effort To Restrain Growth

The (COVID-19) pandemic is very rapid, dubious, complicated, and has long-lasting effects on a global and industry-wide scale. Professional organisations must make complex judgements on how to manage their operations efficiently in these challenging circumstances. We'll attempt to comprehend the COVID-19 epidemic, its financial cost, and its effects on certain regions.  Due to the COVID-19 epidemic, the Earth Auger Market will have negative growth from 2020 to 2031. This is a fantastic chance to distinguish truth from fiction and purposeful emotion and to give decision-makers trustworthy knowledge and expertise.

Latest Trends

"Growing Needs For Earth Augers In The Construction Sector"

Portable ground augers are frequently utilised for specialised tasks in the residential sector. Major earth auger manufacturers created these for a variety of uses and size variations. For landscaping jobs, they may access backyards and compact areas. With the reopening of the economy in 2022, the commercial sector is expected to see continual development. Earth auger demand is rising as a result of the expansion of the commercial construction industry, which is supported by the building of hotels, offices for the government and the business sector, amusement parks, and sports and conference facilities.

Electric Ice Auger Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into 40 Volts, 80 Volts, and 120 Volts. 40 Volts is anticipated to be the leading segment.

• By Application Analysis

Based on the sales channel, the market can be divided into online and offline. The online segment dominates the market owing to growing adoption.

Driving Factors

"Increased Usage Of Ground Maintenance Services Fuel The Market Growth"

Battery-powered earth augers are increasingly being used by end users in Europe, North America, and APAC as a standard consumer durable product. The market for earth augers is projected to be driven by consumers and companies' increased usage of ground maintenance services. The demand for garden equipment is high in Europe and North America since these regions have a large number of lifestyle neighbourhoods and public parks. In addition, to promote urban green areas and improve sales in US industry, non-profit groups and governments have launched a number of initiatives, such as green roof programmes. Major market developments for earth augers include the landscaping sector's explosive expansion, the emergence of sustainable cities in the West, the shift in consumer attention to cutting-edge technology, and the widespread use of battery-powered augers.

"New Technology Development In Augers will Fuel The Market Growth"

New technologies for agricultural equipment have emerged as a result of the recent, rapid breakthroughs in technology. The efficacy and efficiency of farm machinery are improved by these technologies. The advent of autonomous brushless earth auger equipment, driven by the following technologies, is one such ground-breaking breakthrough in gardening and lawn care equipment.

• Easily drill through ice and mud using battery power
• For extended motor life, a brushless motor offers higher power and a longer runtime.

Restraining Factors

"High Emissions And Quickly Changing Emission Standards Driven By Gasoline-Based Augers"

Earth augers that run on gasoline or diesel are the ones that do. These earth augers are incredibly inefficient and release a lot of toxic chemicals into the atmosphere. Every year, during lawn and garden refilling, almost 17 million gallons of gasoline are spilled onto the field in the US alone. The gas-powered ground auger generates noise pollution with its 102 dB high noise levels. As a result, the market for earth augers is being negatively impacted by the high environmental effect of gas-powered earth augers.

Electric Ice Auger Market Regional Insights

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"North America Dominate The Market Region "

With a revenue share of 34.22% in 2022, North America dominated the worldwide earth augers market. Throughout the forecast period, it is anticipated to increase by an additional USD 213.09 million. The substantial residential sector and a rise in government measures to enhance green space in the area promote the demand for the equipment throughout the region. The US earth augers market, which makes electric earth augers, will profit from an increase in sustainable living practises. The government of the nation places more and more emphasis on the growth and protection of green areas as a component of environmental sustainability. As a result, these activities are anticipated to sustain the market's demand for earth augers in the years to come.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Clam (U.S.)
• Rapala (Finland)
• Trophy Strike (U.S.)
• RAZR (U.S.)
• Feldmann Engineering (U.S.)
• XtremepowerUS (U.S.)
• ION Ice Fishing
• Thunderbay Products (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.